Senior Counsel (Commercial and New Payment Flows)

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Senior Counsel (Commercial and New Payment Flows)

Overview
Mastercard is a technology company in the global payments business, connecting cardholders, customers, financial institutions, merchants, governments and businesses worldwide.
Mastercard Commercial and New Payment Flows is responsible for building and commercializing products and services for large corporations and small and medium sized enterprises to reduce complexity, cut costs and automate processes in the B2B and travel payments ecosystems. The Commercial and New Payment Flows team is also tasked to grow Mastercard’s market share in Corporate and Travel and Entertainment cards and cross-border services.
Mastercard is seeking an experienced US-based and US-qualified lawyer to join our global legal team for providing support to the Commercial and New Payment Flows team engaged in product development and sales.

Role
This Senior Counsel role requires strong commercial acumen and experience in supporting new product development and commercialization activities in the financial services space. The role will support the development and distribution of Commercial and New Payment Flows offerings, including drafting and negotiating contracts, and legal risk management related to B2B and Travel payments automation and cross-border payment platforms. The key responsibilities for the role include:
• Partnering with product, sales, franchise, marketing, and other teams to develop and launch innovative products and solutions that differentiate Mastercard and meet our customers’ rapidly changing needs.
• Structuring and negotiating a wide range of contracts (including complex technology agreements, customer and vendor agreements) to drive issuer, merchant acceptance and adoption of Commercial and New Payment Flows products and services.
• Collaborating with in-house and external specialists (including regulatory, compliance, data protection, and intellectual property counsel) to identify relevant issues and help the business effectively navigate legal risks.
• Providing support to the Commercial and New Payment Flows business development teams to support product sales initiatives.
• Advising business on a wide range of commercial and contractual matters including legal and business risk assessment and analysis on diverse matters from new product constructs to commercial agreements.
• Taking responsibility for high profile projects while continuing to handle a steady stream of day-to-day matters.
• Ensuring compliance with Mastercard’s policies and procedures and providing applicable training to the business.
• Managing external counsel within agreed policy and budget.


All About You
• Qualified lawyer with a solid academic and training background, licensed in the relevant jurisdiction with at least seven years´ experience in the relevant fields of practice.
• Extensive legal experience, preferably including in-house work experience.
• Familiarity with laws and regulations in the commercial banking and payments space will be considered favorably.
• Ability to grasp complex new business concepts and develop and implement creative approaches to problems while identifying and balancing risks with results.
• Strong business acumen, and a keen interest in technology.
• Strong drafting and negotiating skills across a range of complex commercial contracts with excellent attention to detail and the ability to analyze and identify core legal issues.
• Exposure to a broad range of transactional, commercial and technology law issues.
• Strong working knowledge of data privacy and intellectual property issues.
• Team player and great attitude.
• Self-starter and ability to work independently.
• Experience working on global agreements, across multiple jurisdictions and time zones.
• Solutions-orientated and able to work flexibly, under pressure, and with tight deadlines.
• Lively interest in th